News

US solar industry players gathered on the White House lawn yesterday to celebrate the Inflation Reduction Act (IRA), one month after it was signed into law.

Despite “breakthrough” renewables growth across Southeast and Eastern Europe, the Caucasus and Central Asia in recent years, more needs to be done to boost deployment and reduce the region’s reliance on Russian energy imports.

EDF Renewables North America has signed a 332MWdc 15-year virtual power purchase agreement (VPPA) with McDonald’s in the US.

Private equity giant BlackRock Real Assets has acquired New Zealand solar and energy storage provider solarZero.

Tata Power Solar Systems has received a “letter of award” of INR5.96 billion (US$75 million) from NHDC to set up a 125MWp floating PV project in India.

Measures related to windfall revenues of power generators in Europe should target actual profits only and exempt renewables that do not make windfall profits, SolarPower Europe (SPE) has said.

Powertis, the project development division of Soltec Power Holdings, has connected a 112.5MW solar PV project in Brazil, the company’s first in the country.

JinkoSolar has signed two major polysilicon supply contracts worth nearly US$30 billion in the past two weeks as it looks to lock in supply.

India-based Serentica Renewables has launched a renewables platform in India with plans to install 1.5GW of solar and wind power.

Vehicle electrification solutions provider XL Fleet has acquired Spruce Power, an owner and operator of residential rooftop solar systems in the US with more than 52,000 subscribers across 16 states.